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Reverse Factoring Intensifies The B2B Late Payments Debate

PYMNTS

They added that evolving B2B payment terms have led suppliers that have historically managed days sales outstanding (DSO) between 60 and 90 days to manage payment terms of 180, 210 or even as long as 364 days. More than 60 percent of the total value of B2B trade conducted in the last year was done so on trade credit, the report found.

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B2B Startups Welcome Another Unicorn With TripActions Funding

PYMNTS

It was another busy week for B2B FinTech startups, with globally and vertically diverse companies securing new funding for their enterprise-targeting tools. PYMNTS takes a look at the latest in B2B FinTech funding below. Based in Germany, Fraugster raised more than $13.9 million for its anti-fraud solutions designed for retailers.

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Mid-Year Update on Key Trends to Watch

Bramasol

Artificial Intelligence Revolution Extends into B2B Although artificial intelligence applications such as machine learning (ML) and robotic process automation (RPA) already have been in wide usage for B2B (business-to-business) markets, the revolution spurred by new generative AI has added fuel to the enterprise adoption of artificial intelligence.

SAP 76
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Checks, Data Sharing Limits Force B2B FinTechs To Find A Workaround

PYMNTS

though, Ceterus has been forced to work around the current limitations of data sharing between banks and FinTechs. B2B payments, it’s created an obstacle for third-party solutions like Ceterus to gain financial data to analyze. In the U.S., It’s no guarantee it will happen, however.

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Tradeshift Taps Genpact To Broaden AP Automation Offerings

PYMNTS

29), with Tradeshift integrating its B2B network of buyers and suppliers with Genpact’s Cora digital business platform. The digital technology of our Genpact Cora platform, combined with Tradeshift’s sophisticated B2B network, creates a connected ecosystem that provides faster, smarter access to data to drive more strategic decisions.”.

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Microsoft AI Tool Lets Retailers Track Shoppers’ Actions

PYMNTS

Organizations that can adopt AI to manage and analyze data will be better positioned to build powerful relationship with customers over time.”. Today, we are announcing new capabilities that extend Dynamics 365 Customer Insights beyond B2C scenarios to address complex B2B journeys,” she added.

Retail 49
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Kaspersky Doubles Down On Enterprise Cybersecurity In Asia

PYMNTS

Its collaboration with MSI-ECS will focus on business-to-business (B2B) cybersecurity products, reports noted, targeting local businesses with security tools. The company also revealed the relocation of data processing centers in Switzerland, designed to analyze data from European users sharing information on security threats.